The changes relate to stress testing and coverage requirements for clearing corporations.
Indian markets regulator the Securities and Exchange Board of India (Sebi) has revised rules governing the settlement guarantee fund (SGF) for the commodity derivatives segment. The changes were made after consultation with stakeholders The update relates to the coverage framework used in stress testing, which determines how clearing corporations assess risk in extreme market conditions. According to the circular dated 16 March 2026, clearing corporations will now be required to calculate c